B. Metzler seel. Sohn & Co. AG Increases Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 27.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,915 shares of the insurance provider's stock after buying an additional 3,392 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Travelers Companies were worth $3,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in TRV. Norges Bank acquired a new position in shares of Travelers Companies in the 4th quarter valued at $560,918,000. Raymond James Financial Inc. acquired a new position in shares of Travelers Companies in the fourth quarter valued at about $138,619,000. Proficio Capital Partners LLC purchased a new position in shares of Travelers Companies in the fourth quarter worth about $96,012,000. Bryn Mawr Capital Management LLC lifted its holdings in shares of Travelers Companies by 15,056.4% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 238,258 shares of the insurance provider's stock worth $57,394,000 after purchasing an additional 236,686 shares during the period. Finally, Point72 Asset Management L.P. purchased a new stake in shares of Travelers Companies in the 3rd quarter valued at $54,988,000. Institutional investors and hedge funds own 82.45% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TRV. HSBC downgraded shares of Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research report on Monday, March 24th. Wells Fargo & Company upped their target price on Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a research note on Thursday, January 23rd. StockNews.com cut Travelers Companies from a "buy" rating to a "hold" rating in a research report on Thursday, January 23rd. Hsbc Global Res lowered Travelers Companies from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. Finally, BMO Capital Markets lifted their target price on shares of Travelers Companies from $275.00 to $297.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $260.00.

Travelers Companies Price Performance

Shares of NYSE:TRV traded down $20.46 during midday trading on Friday, hitting $242.64. The company had a trading volume of 2,471,769 shares, compared to its average volume of 1,287,448. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56. The stock has a market cap of $55.01 billion, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 4.65 and a beta of 0.48. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The business's 50-day simple moving average is $252.38 and its 200-day simple moving average is $248.74.

Travelers Companies (NYSE:TRV - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping the consensus estimate of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same quarter in the previous year, the firm earned $7.01 EPS. The company's quarterly revenue was up 9.9% compared to the same quarter last year. On average, research analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 10th were paid a $1.05 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.73%. Travelers Companies's dividend payout ratio (DPR) is 19.56%.

Travelers Companies Profile

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.